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It has almost a $1 billion in cash on the books, and just $300 million worth of debt. Shares have soared year to date, up almost 35%, compared to a loss of 0.73% for the S 500. Ralph Lauren has been the epitome of what is working in this country: catering to the wealthy. Ralph Lauren has brands that are aspirational in nature, and continues to benefits from the fruits of its labor. Traders who believe that Polo Ralph Lauren will continue to grow strongly might want to consider the following trades: Luxury providers such as Tiffany's (TIF) and Coach (COH) will benefit. Consider buying the dip in these names. Also consider really high end names, like Louis Vuitton Moet Hennessy, Hermes, and Prada. Bearish: For the middle class. If the Fed enacts a QE3, it will continue to crush the dollar. Stocks will rise, but the purchasing power of the middle and lower class will continue to evaporate into nothing. Consider gold stocks such as SPDR Gold Trust ETF (GLD) and dollar stores like Dollar General (DG) which will see increased traffic and consumers try to squeeze their heard earned dollars.
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Cancellation of the right to demonstrate WITH prior announcementThe party was founded in 1981 by two 17yearolds with the nicknames Zewa (a leading handkerchief brand) and Kotze (vomit). In the following years it was joined by many punks and organized many demonstrations, which were sometimes ended by the police, often leading to arrests. The party was dissolved in 1986, but was recreated in 1994 and soon chose to participate in elections. In the 1997 Hamburg city elections the APPD received a stunning 5.3% of the votes in St. Pauli and thus became the fourthstrongest party in that district. In 1998 the APPD ran in the Bundestag election with Karl Nagel as its candidate for the chancellorship, and using slogans like "Labour is shit" ("Arbeit ist Scheie") and "Drinking, drinking, just drinking every day" ("Saufen! Saufen! Jeden Tag nur saufen"). The APPD failed, however, to gain the 0.5% of the votes needed to pay to the voters in the form of a promised large party with free beer. With approximately 35,000, or 0.1%, of the votes, the APPD outperformed Lyndon LaRouche's "BSo" and also the German Communist Party DKP.
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they aren't remaking Gone with the Wind just trying to live it, according to the New York Post. The couple flew in from Paris this week and are already trying to spend some of that Louis Vuitton endorsement money on a blingbling plantation outside Savannah, Georgia. But, in typical Ben and Jen fashion, it only looks like the real thing of being historic it was built a few years ago to look Taraesque. Don't look for any O'Neal family reunion specials on the tube anytime soon. Ryan O'Neal stormed out of a junket interview the other day after a reporter tried to show him a tough love video of daughter Tatum. O'Neal called the whole thing an ambush and refused to do any more interviews that day. Ryan, you don't get to make that many movies these days. Lets stay and play nice, okay? Finally, the good guys do wear black hats when it's country star Clint Black. He told Fox News he not only supports our troops, he also is selling a Tshirt that benefits them. The proceeds from "Iraq and Roll" go to the soldiers because he said the money was rolling in and he had to do somethting with it.
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Coach markets itself as selling "accessible luxury" and its pricing strategy for a handbag ranges from $298 $1000 which means that its product reaches a larger consumer demographic than other highpriced competitors such as Louis Vuitton, Prada which focus on the very wealthy. The strategy of targeting the higher and upper middle income shoppers differentiates Coach from its competitors and also helps to establish it as the poster child of tapping into this global trend of consumers wanting to trade up in the quality and style of what they buy.As Warren Buffett says "In business, I am looking for economic castle protected by moats", Coach has a narrow moat and competitive advantage. It has a strong brand presence in the luxury market and this is not easily eroded by other competitors. New competitors into the luxury brand industry will have to spend a large amount of money and resource to build up brand awareness and image. There is also consumer loyalty as Coach has been delivering high quality products that is simple, reliable and perceived value for the money.
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It used to be that designers showed clothes at Fashion Week to court the influential few, mainly the buyers and fashion editors who determined what styles would be hot in retail stores a season away. But now they are starting to sidestep the middleman. Web technology, and a desire to entice luxury shoppers who are suddenly spending again, are spurring designers to fling open the tent flaps to their runway shows and appeal directly to shoppers. In this fall's women's runway shows, which started Thursday with New York Fashion Week and continue throughout the next month in London, Paris and Milan, shoppers at their keyboards will have a frontrow seat. Gucci will allow anyone to sign up to watch its show online, and will let viewers share live Webcam videos as though they were playing with YouTube. Alexander Wang is projecting video of its show on a "moving billboard" in Manhattan, and Betsey Johnson is showing live Web versions of the show and the backstage frenzy before it. And in the most aggressive outreach, Burberry, the British design house, will not only stream its women's runway show live from London.
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and his endeavours to procure one were seconded by petitions from the convocation and the recommendation of Cromwell. The king consented to this importunity, and two printers, named Grafton and Whitchurch, obtained the royal licenCeline bagsse to publish a folio edition of the bible." It "bore (says Dr. Lingard) the name of Thomas Matthewe, a fictitious "signature; and was made up of the version by Tyndal, and of another "by Coverdale, printed very lately, as it was thought, at Zurich. In"junctions were now issued, that a bible of this edition should be placed "in every church at the joint expense ofMoncler Outlet the incumbent and the parish"ioners: and that any man might have the liberty of reading in it at "his pleasure, provided he n they met "with difficult passages, they should consult persons more learned than "themselves : and to remind them, that the liberty which they enjoyed, "was not a right to which they possessed any claim, but a favour "granted ' of the royal liberality Burberry Outletand goodness.'" The recommendation and permission to print took place about 1534, the work was completed in 153.
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Don't get me wrong, I love my designer labels and overseas holidays as much as the next Louis Vuitton shopper. I get a buzz out of fine dining and one day hope to drive a Merc. All these things give me pleasure but they're not what makes me happy. The stuff that makes me happy is usually free or roughly costs $25 to $30. Going for a drive down the coast (in my beloved Toyota Corolla), $30 petrol. Strolling on the beach during sundown, free. Fish'n'chips for two in the park, $25. Waking up next to the man that I love with my boofy hair and all, priceless. You can be with someone for money and pretend to want the same thing but without love you're kidding yourself. Love is what gives you strength when all else fails. It lifts you when things don't go your way and gives you the strength to walk away from those that don't make you happy. A priest at a friend's wedding said it perfectly when he said love isn't when you are with a man because he looks like Brad Pitt, has Einstein's brain and Woody Allen's humour. Love is when you are with a man even though he looks like Woody Allen, has Einstein's humour and Brad Pitt's brains.
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My livelihood depends on the protection of intellectual property rights (even if in reference to myself I use the phrase loosely). Anarchy isn an option, and neither is the untoward seizure of property.Analyst's costly luxury discount In the autumn of 2002, Morgan Stanley's luxury goods analyst, Claire Kent, issued a report saying LVMH Moet Hennessy Louis Vuitton's financial results had been surprisingly good and predicting the company's share price would rise 24 per cent within 18 months. The report became a crucial part of the evidence that persuaded a French court this week to order Morgan Stanley to pay LVMH at least million ($48.9 million). How could that be? Ms Kent's valuation models called for a higher price but she reduced it by 10 per cent because "management has destroyed value" in the past. Still, she forecast a big gain. But that essential fact was ignored. Since LVMH's market value was billion, the judges found, "the discount of 10 per cent recommended by Morgan Stanley represents billion". The million judgement is only the beginning.
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Visiting Flamengo, if you are careful enough, you will be able to find a pearl in every walk, apart from its natural beauties. If you love architecture and art, try to settle in this charming neighborhood on your next trip to Rio. But don't forget to bring your camera along! Original photos of these buildings in Flamengo can be found at Belavistas Rio Carnival Blog. AND ARTFUL DEALS BERNARD ARNAULT b (FORTUNE Magazine) FRIENDS SAY Bernard Arnault is deeply in love with luxury goods. The 39year old French entrepreneur disputes that. ''You fall in love for inexplicable reasons,'' he says. ''This is completely rational. Nothing makes money like deluxe brands.'' Arnault is betting the chateau on that notion. By taking control in 1988 of Moet Hennessy Louis Vuitton, he became the world's preeminent purveyor of luxury goods, including Moet Chandon and Dom Perignon Champagnes, Hennessy cognac, Louis Vuitton luggage, Christian Dior and Givenchy clothes and perfumes, and Christian Lacroix fashions. ''This,'' he says triumphantly, ''is one of the world's most beautiful companies.
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On his books about Vuitton racing: "The first book, '25 years of the Louis Vuitton Cup,' was an LV initiative. Then I came up with this idea of a book to celebrate the success of the Louis Vuitton trophies, nicknamed 'The Friendly Games.' We helped most of the America's Cup teams to survive while and were caught in court." On San Francisco: "Anything having a view of the Golden Gate Bridge is, by essence, great. My best memory is a dinner party at Lucy and 's house. A breathtaking view! I had dinner with (the late local Cup sailor, who died in 1989) in a small restaurant several times with a lot of music 23 years ago. . He was my hero. I miss him a lot, and the America's Cup does miss him as well.".And How It Will Affect Reinsurance The insurance industry is tallying losses that could mount to an estimated $35 billion from the earthquake, tsunami and nuclear meltdown in Japan. Two different companies that model damage from catastrophes, and the amount insurers will pay as a result, offered estimates this week in the tens of billions of dollars. The payout by insurers is a fraction of the total economic loss Japan has suffered.
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